Clorox completed the acquisition of a 21% stake in Clorox Abudawood for $100m.

Clorox,a chemical manufacturer, completed the acquisition of a 21% stake in Clorox Abudawood, a cleaning and disinfectant manufacturer, for $100m. “Our focus now is building on this momentum, investing aggressively in brand-building and category growth as well as in production capacity to meet heightened demand. We feel confident these investments will allow us to capitalize on new opportunities, supporting our ambition to accelerate profitable growth and generate long-term shareholder value,” Kevin Jacobsen, Clorox CFO.